News | Chile, Argentina, Colombia

Back

Cencosud gains 17.3 per cent in local currency

The Chilean trading group Cencosud made sales of CLP 284.938 bn (EUR 362 mio) in its home improvement division in the first quarter and thus 12.1 per cent less than in the same period last year. However the deficit stems from the continuing devaluation of the Argentinian pesos. In local currencies, sales increased by 17.3 per cent.

Because in Argentina, sales rose by 25.6 per cent in local currency, in Chilean pesos however, they sank by 29.6 per cent to CLP 121.442 bn (EUR 154 mio). Same store sales gained 24.8 per cent - this amount also a result of inflation.
In its home market, the Chilean company made sales of CLP 146.047 bn (EUR 185 mio), thus 7.3 per cent more than the same period last year. The same store sales also grew by 6.8 per cent here.

In Colombia, sales in both the local currency as well as in Chilean pesos increased by 13.0 per cent to CLP 17.449 bn (EUR 22 mio). The same store sales also rose by the same amount.

| 3 June 2019 | 13:32


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Flügger benefits in part from the Covid-19 crisis

In fiscal 2019/2020 (May to April), the Danish paint manufacturer and dealer Flügger increased its sales by 4 per cent to DKK 1.895 bn (EUR 254 mio). View news...

Bricorama closes 13 stores in France

The French home improvement chain Bricorama is closing 13 stores because no franchisees could be found for them. ITM Équipement de la Maison, the View news...

DIY International free to all as an e-magazine

When the Covid-19 pandemic forced many of its readers to work from home, the German trade magazine diy decided to make issues available free of View news...

Spanish Bricor stores gradually disappearing

The Spanish home improvement chain Bricor is gradually disappearing from view. The press release covering the 2019 financial year of parent group El View news...

DIY International | Service

DIY International Corona special

The Coronavirus crisis and the DIY industry

All news, reports and information from the DIY International editorial team in connection with the corona epidemic at a glance. The pages are constantly updated. As the situation changes very quickly, please note the date and time of the respective publication.

CORONA special

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!